Professional Liability Insurance protection has always been difficult to obtain at reasonable rates. Exposures that an Actuary may face can be in the billions. However reality has shown that your defense is what is really important. Most claims arise from a lack of understanding of the actuaries role. Many times it is a case of “shoot the messenger.” Professional Liability provides that defense coverage which can be an expensive education. In a claim, the discovery can take up to a year to accomplish and be very expensive. Peace of mind that you will not be alone is one of the leading benefits for having Professional Liability Protection.
It is a goal of the Conference to promote the availability of realiable and effective professional protection for all Actuarial disciplines as part of its support of the practicing Actuary. The Conference has chosen Greene Hazel Insurance Group to administer this program.
Please call or email for an application today.
Professional Liability Insurance Program for:
- Limits up to $5,000,000
- Deductibles from $1,500
- Claims Made Form
- Broad Definition of Named Insured
- Full Prior Acts
- Employment Practices Liability
- Directors and Officers Coverage
- Covered Professional Services
- The Professional Liability policy
Covered Professional Services
The Professional Liability policy covers actuaries while acting within normal duties. This includes any actual act or alleged breach of duty. Other areas included:
- Computer software services
- Handling client funds
- Attorneys and CPAs working as employees of the firm
- Claims administration services
- Worldwide coverage for suits brought in the United States
Greene-Hazel Insurance Group. – In business for over 25 years, specializing in Errors and Omissions Insurance for actuaries the last 14 years.
Well established insurance program that focuses on solutions for all actuaries. The Conference Program has continued to grow over the last 13 years.
Quick and Easy
Simple Application - Actuary Application
Quick turn around on quotes
Certificates issued within 24 hours
Experienced staff - Toll Free Phone: 866-398-1234